International

Tuesday, August 5th 2008 - 21:00 UTC
China says “no need for more aggressive control” of inflation

China policies in support of small and labor intensive enterprises are taking effect and there is “no need for more adjustment measures”, said on Monday a high ranking Chinese member of the Communist party.
Tuesday, August 5th 2008 - 21:00 UTC
Falling crude prices drive commodities to sharp fall

Commodities fell sharply Monday as another big drop in crude prices prompted traders to shed copper, corn and other hard assets as alternative investments.
Monday, August 4th 2008 - 21:00 UTC
Falklands added to Argentina stand off with Vatican

The coming visit this week to Argentina of a top official from the Holy See has triggered speculation in the Buenos Aires press that a Vatican request for the creation of a new diocese in Tierra del Fuego “could include the Falkland Islands”.
Sunday, August 3rd 2008 - 21:00 UTC
“Cool UN” initiative: dress causal and turn down air conditioning

Critics who say the United Nations only churns out hot air will find even more of the stuff if they visit the UN New York headquarters this month. Under the Cool UN initiative, the air conditioning will be turned down and temperatures will rise several degrees.
Saturday, August 2nd 2008 - 21:00 UTC
Oracles turned sour: credit rating agencies on the bench

Credit rating agencies could be banned or prosecuted under a draft European Union law aimed at making them more accountable for the advice they give. Firms that rate debt investments, such as Fitch, Moody's and Standard & Poor's, have been criticized for their role in the sub-prime mortgage crisis.

The new law would replace a voluntary code of conduct.
Saturday, August 2nd 2008 - 21:00 UTC
Russia plans trading company to control cereal exports

Russia is to form a state grain trading company that will control the majority of the country's cereal exports, it has been reported.
Friday, August 1st 2008 - 21:00 UTC
Euro zone inflation at its fastest; unemployment 7.3%

Inflation in the Euro zone accelerated to its pace in more than 16 years in July, 4.1% from 4% in June, according to the European Union statistics office in Luxembourg. A separate report showed unemployment was 7.3% in June.
Friday, August 1st 2008 - 21:00 UTC
Cruise liner hit by Pacific storm leaves 40 passengers injured

An estimated 40 passengers were injured when a P&O Cruises ship encountered a storm about 400 miles from New Zealand, officials reported in Auckland.

Passengers were treated for broken bones and minor flesh wounds after the Pacific Sun encountered seven meter swells and strong winds Wednesday night, The Daily Telegraph reported.
Thursday, July 31st 2008 - 21:00 UTC
Memorial service at wreck of River Plate Battle HMS Exeter

HMS Kent, one of the Royal Navy's most modern warships, looked back at history as she remembered one of her illustrious World War II predecessors last Sunday. The Portsmouth based frigate, currently undertaking tasking in the Far East, laid wreaths over the recently found wreck of cruiser HMS Exeter during a ceremony attended by the British Ambassador to Indonesia, veterans and descendants of the sinking and the diver who discovered the wreck.
Wednesday, July 30th 2008 - 21:00 UTC
Controversial first shipment of US beef arrives in South Korea

The first shipment of United States beef under a controversial import deal arrived in South Korea on Tuesday, officials said, amid lingering public concerns over mad cow disease.